As Canada post preps for holiday season rush, look at 2 stocks easing online shopping. | CA |

  • December 02, 2020 05:40 AM EST
  • Team Kalkine

Shopify stocks grew by almost 170 percent year-to-date (YTD). The e-commerce giant registered revenue from subscription solutions of US$ 245.3 million in Q3 2020, a 48 percent gain year-over-year. The stocks of Nuvei have soared nearly 35 percent since its listing on the Toronto Stock Exchange on September 18, 2020.

* Electric Vehicle Stocks Nikola & Tesla Are Losing Steam. Why? The decline in Nikola’s stock price came after General Motors scrapped its plans to purchase an equity stake in Nikola. Tesla stocks dwindled about three percent on Monday.

* Canada To Implement Digital Tax From 2022: What All You Need To Know? Canada will impose a digital tax on companies providing digital services like Google or Facebook. This tax would come in force from January 1, 2022, and the federal government estimates to raise C$ 3.4 billion over five years from this digital taxation approach.

 


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